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Cautious optimism rules oilpatch as fourth-quarter reporting season dawns

Cautious optimism rules oilpatch as fourth-quarter reporting season dawns

CALGARY — Canada's oil and gas producers are expected to maintain spending discipline in 2021 as optimism from stronger oil prices is offset by fears of weak demand due to new strains of the COVID-19 pandemic.
Health minister says Alberta won't follow Manitoba's stricter COVID-19 travel rules

Health minister says Alberta won't follow Manitoba's stricter COVID-19 travel rules

EDMONTON — Alberta's health minister says the province is not looking to follow Manitoba and place new COVID-19 restrictions on interprovincial travellers.
Discount carrier Flair Airlines adds 13 Boeing 737 Max planes to fleet

Discount carrier Flair Airlines adds 13 Boeing 737 Max planes to fleet

Discount carrier Flair Airlines said Wednesday that it will add 13 new Boeing 737 Max aircraft to its fleet, as the plane returns to service worldwide following a nearly two-year grounding.

GM, Navistar team up to build hydrogen powered heavy trucks

DETROIT — In about three years, Navistar plans to start selling low-emission hydrogen-powered heavy trucks under a partnership with General Motors and a small distribution company called OneH2.
Empire expanding discount grocery banner FreshCo in Western Canada, Ontario

Empire expanding discount grocery banner FreshCo in Western Canada, Ontario

STELLARTON, N.S. — Empire Co. Ltd. is expanding its discount grocery banner FreshCo in Western Canada and Ontario, with plans to convert seven of its Safeway stores starting this fall.
Toronto condo renters, buyers landed negotiating power as Q4 prices dropped: TRREB

Toronto condo renters, buyers landed negotiating power as Q4 prices dropped: TRREB

TORONTO — If you were on the lookout for a Greater Toronto Area condo or apartment to rent or own late last year, new data from the region’s real estate board shows you might have had an edge in negotiations.
US durable goods orders show modest 0.2% December gain

US durable goods orders show modest 0.2% December gain

WASHINGTON — Orders to U.S. factories for big-ticket manufactured goods rose a modest 0.2% in December, held back by a big drop in the volatile aircraft sector. A key category that tracks business investment decisions slowed.
CGI reports Q1 profit climbs to $343.5M from $290.2M a year ago, beats expectations

CGI reports Q1 profit climbs to $343.5M from $290.2M a year ago, beats expectations

MONTREAL — CGI Inc. topped expectations as it reported its first-quarter profit rose to $343.5 million compared with $290.2 million a year earlier, helped by improved margins and lower restructuring and integration costs.
'Letterkenny' inks multiple licensing deals with merchandise companies

'Letterkenny' inks multiple licensing deals with merchandise companies

Canada's breakout hit TV comedy "Letterkenny" is crossing another pop culture milestone with a slate of new merchandising deals.
AP sources: Biden to pause oil and gas sales on public lands

AP sources: Biden to pause oil and gas sales on public lands

WASHINGTON — President Joe Biden is set to announce a wide-ranging moratorium on new oil and gas leasing on U.S.